Home Capital Group Inc HMCBF

Primary Symbol: T.HCG

Home Capital Group Inc. is a Canada-based holding company that operates through its principal subsidiary, Home Trust Company (Home Trust). Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust and its wholly owned subsidiary, Home Bank offer deposits through brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Its mortgage lending includes classic single-family residential lending, insured residential lending, residential commercial lending, and non-residential commercial lending. Its consumer lending loan portfolio comprises credit cards, lines of credit and other consumer retail loans. In addition, the Company manages a treasury portfolio to support liquidity requirements and invest excess capital.

TSX:HCG - Post by User

Home Capital Group Inc

Bullboard Posts

Comment by WayneH5565on Aug 02, 2017 8:34pm

79 Views

Post# 26540927

RE:So the real question

This is actually good. Not sure why an analyst would have thought they would have done better... all the numbers were out there. Consider the 130M one time interest on the LOCs and the 76M loss on the sale of assets, that is -$2.575/share @80M shares. The difference between that and the loss is $0.845/ share @80M shares. If you would have undiluted that to pre buffet dilutions, they would have had a better quarter than Q1.

Bullboard Posts

Gold, growth and sustainability in focus for Mandalay Resources